http://www.straightstocks.com Leading Stock Market News, Opinions and Commentary Fri, 19 Mar 2010 16:10:53 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.straightstocks.com/stock-watch/textron-gets-marine-contract-analyst-blog/ http://www.straightstocks.com/stock-watch/textron-gets-marine-contract-analyst-blog/#comments Wed, 24 Feb 2010 18:17:22 +0000 Zacks Market Commentaries http://www.zacks.com/stock/news/30907/Textron+Gets+Marine+Contract++-+Analyst+Blog Textron Marine & Land Systems, an operating unit of Textron Systems, a Textron Inc. (TXT) company, and Granite Tactical Vehicles Inc., has won a contract to deliver 3 upgraded High Mobility Multipurpose Wheeled Vehicles (HMMWVs) to the United State Marine Corps Warfighting Lab for testing.
 
The upgraded HMMWVs are scheduled for delivery in March 2010 for mobility, thermal and durability performance testing. Textron Marine & Land Systems and Granite Tactical Vehicles have teamed up to develop affordable, lightweight, crew survivability solutions for light tactical vehicles. Granite’s innovations in survivable and mobile light armored vehicles are being combined with Textron Marine & Land Systems’ engineering and lean process manufacturing expertise to provide a valuable near-term solution for warfighters.
 
Textron Marine & Land Systems has been manufacturing the Armored Security Vehicle (ASV) for the U.S. Army since 2004, and has delivered over 2,400 units. The ASV has maintained exceptional operational readiness and combat availability rates as these vehicles log more than 30,000 miles per year in Iraq and Afghanistan.
 
Textron Systems provides unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustenance services. Other operating units of Textron Systems are AAI Corporation, Lycoming Engines, Textron Defense Systems and Textron Marine & Land Systems.
 
Textron Inc has a global network of aircraft, defense, industrial and finance businesses that provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems.
 
Textron’s future success in the competitive defense industry depends upon its ability to develop and market its defense-related products and services to the U.S. Government, as well as its ability to provide people, technologies, facilities, equipment and financial capacity needed to deliver those products and services at maximum efficiency. The company competes with Tyco International Ltd. (TYC), Danaher Corp. (DHR) and ITT Corp. (ITT).
Read the full analyst report on "TXT"
Read the full analyst report on "TYC"
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Zacks Investment Research
]]> http://www.straightstocks.com/stock-watch/textron-gets-marine-contract-analyst-blog/feed/ 0 http://www.straightstocks.com/stock-watch/jacobs-wins-29-million-contract-analyst-blog/ http://www.straightstocks.com/stock-watch/jacobs-wins-29-million-contract-analyst-blog/#comments Wed, 13 Jan 2010 18:05:58 +0000 Zacks Market Commentaries http://www.zacks.com/stock/news/29272/Jacobs+Wins+%2429+Million+Contract++-+Analyst+Blog
Jacobs Engineering Group Inc. (JEC) won a task order contract from the Information Systems and Infrastructure Product Group at Marine Corps Systems Command in Quantico, VA. The order’s value is estimated at $9.7 million through December 2010, with an option for extension of two more years, bringing the total potential value to $29 million.
 
According to the contract, Jacobs will provide technical services at Marine Corps Major Commands and at bases and stations in the United States and overseas. Services for the program manager for Marine Corps Network and Infrastructure Services will cover transition and life cycle sustaining support. It will also involve schedule coordination, data collection and management, requirements management, hardware and software asset management; and other actions necessary to manage and sustain information technology services in the Navy Marine Corps Intranet (NMCI) environment and under the Continuity of Services Contract (COSC).
 
Jacobs’ diversification in terms of markets, geography and services will continue to facilitate future growth.
 
Jacobs is among those infrastructure stocks that may benefit from the coming construction boom. Looking ahead, as banks get healthy and start lending, investors can expect infrastructure projects to increase. Jacobs expects full-year 2010 earnings per share in the range of $2.00 to $2.60.
 
Jacobs’ cost-control initiatives help to deliver superior technical, professional and construction services safely, efficiently and within the cost and time parameters of the clients. Moreover, Jacobs’ ongoing acquisition strategy will help to strengthen its position in future.
 
However, the very cyclical nature of its business and its heavy dependence on third parties are discouraging. Thus, we maintain an Underperform rating on Jacobs.
Read the full analyst report on "JEC"
Zacks Investment Research
]]> http://www.straightstocks.com/stock-watch/jacobs-wins-29-million-contract-analyst-blog/feed/ 0 http://www.straightstocks.com/stock-watch/textron-to-build-knight-vehicles-analyst-blog/ http://www.straightstocks.com/stock-watch/textron-to-build-knight-vehicles-analyst-blog/#comments Wed, 30 Dec 2009 18:29:34 +0000 Zacks Market Commentaries http://www.zacks.com/stock/news/28824/Textron+to+Build+Knight+Vehicles++-+Analyst+Blog Textron Inc.’s (TXT) operating unit Textron Marine & Land Systems has received a contract to build 27 Armored Knight vehicles for U.S. Army Tank-automotive and Armaments Command (TACOM).
 
The firm fixed-price contract is indefinite and valued at approximately $10 million. The vehicles are scheduled for delivery by the end of 2010. The M1200 Armored Knight is a derivative of the Textron Marine & Land Systems Armored Security Vehicle (ASV).   

Textron Marine & Land Systems operating unit is a part of Textron Systems Corporation, which in turn a wholly owned subsidiary of Textron Inc. Textron Systems provides unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services.
 
Textron Inc has a global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems.
 
Shares of Textron fell 1.3% or 24 cents on Tuesday and closed at $19.01. Textron’s future success in the competitive defense industry depends upon its ability to develop and market its defense-related products and services to the U.S. Government, as well as its ability to provide people, technologies, facilities, equipment and financial capacity needed to deliver those products and services at maximum efficiency. The company competes with Tyco International Ltd. (TYC), Danaher Corporation (DHR), and ITT Corporation (ITT).
Read the full analyst report on "TXT"
Read the full analyst report on "TYC"
Read the full analyst report on "DHR"
Read the full analyst report on "ITT"
Zacks Investment Research
]]> http://www.straightstocks.com/stock-watch/textron-to-build-knight-vehicles-analyst-blog/feed/ 0 http://www.straightstocks.com/market-commentary/element-21-sports-company-etgfob-expands-retail-distribution-network-to-860-locations/ http://www.straightstocks.com/market-commentary/element-21-sports-company-etgfob-expands-retail-distribution-network-to-860-locations/#comments Mon, 20 Apr 2009 15:09:05 +0000 QualityStocks http://Blog.QualityStocks.net/?p=15120 http://www.straightstocks.com/market-commentary/element-21-sports-company-etgfob-expands-retail-distribution-network-to-860-locations/feed/ 0 http://www.straightstocks.com/small-cap-and-micro-cap-stocks/enterprise-oilfield-group-inc-tsx-e-is-led-by-a-team-of-experienced-experts/ http://www.straightstocks.com/small-cap-and-micro-cap-stocks/enterprise-oilfield-group-inc-tsx-e-is-led-by-a-team-of-experienced-experts/#comments Thu, 22 Jan 2009 14:12:07 +0000 QualityStocks http://Blog.QualityStocks.net/?p=14292 http://www.straightstocks.com/small-cap-and-micro-cap-stocks/enterprise-oilfield-group-inc-tsx-e-is-led-by-a-team-of-experienced-experts/feed/ 0